Check Business

4. Which of the following companies faces the problem of undercapitalization?
A large corporation that has been hit with a major lawsuit because one of its products has a design flaw that has led to serious injuries.
A small new company struggling because it has insufficient start-up funds.
A medium sized company that has decided to buy out a smaller competitor.
An electric utility that has recently experienced a significant increase in the cost of coal and labor.

MY ANSWER B

5. Tiffany's work in the finance department of her firm consists of checking accounting records and financial statements to verify that proper procedures are followed. Tiffany activities are those of a(n):
internal auditor.
comptroller.
CPA.
financial advisor.
MY ANSWER A

6. The managers of Dakota Clothing regularly compare their actual profits with the firm's projected profits. When deviations occur, the managers use the feedback to take corrective action when necessary. The management of Dakota Clothing is exercising financial:
derivatives.
control.
planning.
budgeting.
MY ANSWER C

As Hector was packing to return to Sate University after his summer vacation, he realized that he owed many valuable such as a laptop computer, a stereo system, and a DVD player. An accountant would list all of these as Hector’s:

there are 27 white cubes assembled to forma large cube.the outside surface of the large cube is painted red. the large cube is then separated into the 27 smaller cubes.how many of the small cubes will have red paint on exactly the …

there are 27 white cubes assembled to forma large cube.the outside surface of the large cube is painted red. the large cube is then separated into the 27 smaller cubes.how many of the small cubes will have red paint on exactly the …

there are 27 white cubes assembled to forma large cube.the outside surface of the large cube is painted red. the large cube is then separated into the 27 smaller cubes.how many of the small cubes will have red paint on exactly the …

You are a consultant advising a company on the importance of making good assumptions before making major decisions. To explain to your client what you mean you decide to give examples of other companies and the assumptions used to …

A quality-control program at a plastic bottle production line involves inspecting finished bottles for flaws such as microscopic holes. The proportion of bottles that actually have such a flaw is only 0.0002. If a bottle has a flaw, …

According to the National Transportation Safety Board, 10% of all major automobile crashes result in serious injury to at least one person involved in the crash. The Georgia Department of Transportation reports that there are approximately …

According to the National Transportation Safety Board, 10% of all major automobile crashes result in serious injury to at least one person involved in the crash. The Georgia Department of Transportation reports that there are approximately …